Oleblue
11 months ago
Arizona Gold & Silver Inc. engages in the acquisition and exploration of mineral properties in the United States. It primarily explores for gold and silver deposits. The company holds a 100% interest in the Ramsey Mine silver project located in La Paz County, Arizona. It also holds 100% interest in the Sycamore Canyon gold-silver project situated in Graham County, Arizona; and the Silverton gold project located in Nye County, Nevada. In addition, the company holds interest the Philadelphia gold and silver property located in Mohave County, Arizona. The company was formerly known as Arizona Silver Exploration Inc. and changed its name to Arizona Gold & Silver Inc. in September 2023. Arizona Gold & Silver Inc. is headquartered in Vancouver, Canada.
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Middleborder
4 years ago
https://arizonasilverexploration.com/home-page/arizona-silver-announces-buy-out-of-existing-nsr-on-its-100-owned-philadelphia-property/
“We are pleased to continue to build shareholder value in Arizona Silver Exploration. This NSR buy-out shows continued commitment from management to raise future opportunity for investment in Arizona Silver Exploration. You simply can’t put a value to this 1% NSR until a resource is determined, but the path forward to future development has no outstanding encumbrances. We have no future lease or NSR payments due on our Philadelphia property,” stated Mike Stark, President and CEO.
Current Drilling Update
Arizona Silver has drilled two RC holes on Section 100N and one core hole on Section 200N. Samples from all three holes have already been delivered to ALS’s sample prep facility in Tucson, AZ. In addition, we have completed six pre-collar RC holes to depths between 100-300 ft on Sections 300N and 400N. See link to sections: http://arizonasilverexploration.com/philadelphia-property/
The six remaining holes will be cased and then cored through the targeted high-grade vein. The core rig is currently completing the second core hole on Section 200N, and has the six pre-collar holes yet to drill. The company expects results to start coming in prior to Christmas and to continue well into the new year.
Greg Hahn, VP Exploration and a Certified Professional Geologist (CPG#7122), and a Qualified Person, has reviewed an approved the content of this release.
On behalf of the Board of Directors:
Middleborder
4 years ago
http://arizonasilverexploration.com/home-page/arizona-silver-to-resume-drilling-at-philadelphia-gold-silver-property-and-two-additional-claims-added-to-the-south-in-mohave-county-arizona/
"A total of 10 holes are currently planned in this next round of drilling. The RC drill rig will drill pre-collar holes to within 100 feet of the target high grade vein, and the core rig will then re-enter these pre-collar holes to core through the targeted projection of the vein.
We are pleased to inform shareholders we have added 2 additional claims onto the southern end of our now 20 claims. Sampling is underway to follow up on earlier sampling that indicated the presence of anomalous gold and silver in association with the continuation of the Arabian fault and associated veining. Click here to view claims.
Arizona Silver’s Vice President – Exploration, Greg Hahn, commented, “We are excited to continue drilling the main vein target down dip of the previously intersected high grade. The nearby Oatman gold deposits have a depth extent of between 700 and +1000 feet, and vein textures at Philadelphia indicate we have drilled only the very top of the boiling zone, so we have great expectations for drilling down the dip of the previously announced high-grade intercepts.”
Middleborder
4 years ago
October 1 100% accelerated warrents exercised
Management Ownership = 30% of total outstanding shares.
http://arizonasilverexploration.com/home-page/arizona-silver-announces-100-exercise-of-warrants/
(OTCQB: AZASF) is pleased to announce that further to its press release dated August 31, 2020, all of the 3,413,809 warrants granted under its January 2020 private placement at C$0.15 that were subject to acceleration with an early expiration date of September 30, 2020 were exercised, with such exercised warrants having a value of C$512,071.35. Directors and officers participated for C$137,900 of the exercise. Management’s participation in the warrant exercise is indicative of their continued commitment and support of the Company. Management now owns and controls 30% of the outstanding shares in the Company. Please take a minute and review the current tight capital share structure available at: http://arizonasilverexploration.com/investor-information
Mike Stark, President of Arizona Silver Exploration stated “We really appreciate the support shown by our shareholders and management. This warrant exercise tops up the treasury once again and allows Arizona Silver Exploration to continue exploration on the high-grade vein discovery on our Philadelphia property. We are expecting results very soon from 6 core holes of drilling that has been completed. We remain committed to building shareholder value with advancements in all our current properties.”
Middleborder
4 years ago
rondo, all
http://arizonasilverexploration.com/home-page/arizona-silver-announces-a-new-high-grade-gold-silver-intercept-at-philadelphia-gold-silver-property-in-arizona/
"The first core hole of 2020 returns high grade gold-silver intercept in the target vein, as follows:
23.35 grams/tonne (gpt) Au, 82.3 gpt Ag & 340 ppm of Beryllium over 1.5 metres, within a thicker interval of 18.45 metres containing 3.81 gpt Au and 49.21 gpt Ag & 113 ppm of Beryllium, beginning at a depth of 5.18 metres immediately below alluvium.
Similar looking vein intercepts in three other core holes completed to date that have been delivered to the lab and are in progress.
Core drilling continues for an additional 4 holes min."
(Ship)
"...Arizona Silver’s Vice President – Exploration, Greg Hahn, commented, “The newest drill results confirm our suspicions that we had lost the primary vein target and were drilling a second but lower grade vein in our previous attempt to chase the primary vein along strike and down dip under alluvial cover. The results of the current drilling put us back on target to chase the primary vein with a steeper dip than previously anticipated. The drill hole collar is located in the UTM Zone 115, 733,476.77E, 3,897,529.66N, bearing 300 degrees with an inclination of 70 degrees. The true width is unknown at the time due to insufficient data points. The primary vein target remains wide open along strike and down dip. Significantly, we now know that the vein crosses lithology and is not floored by granite everywhere. We have now encountered granite in the hanging wall of the vein, where previously granite was interpreted to be always footwall to the vein. This knowledge opens up the extensions to the vein in all directions, especially where we terminated shallow holes in granite, thinking we were below the vein.”
Golden Cross
5 years ago
Core Drill Mobilized to Philadelphia High-Grade Gold-Silver Vein in Mohave County, Arizona
Press Release | 09/27/2019
VANCOUVER, British Columbia, Sept. 27, 2019 (GLOBE NEWSWIRE) -- Arizona Silver Exploration Inc. (the “Company” or “Arizona Silver”) (TSX-V: AZS) (OTCQB: AZASF) is pleased to announce that a core drill rig is mobilizing to start an initial core drilling program on our 100% owned Philadelphia project. Philadelphia is a high-grade gold and silver vein target located in Mohave County, northwestern Arizona. The Philadelphia property is the first of two new gold projects for Arizona Silver Exploration. Drilling is expected to commence Sept 30th. We are stepping out 100 feet to the north from our previous drilling looking for continuation of the high-grade vein where we intersected 15.82 grams per tonne (gpt) gold (Au) and 90 grams per tonne (gpt) silver (Ag) over 3.1 metres thickness in hole PRC19-2, and 7.2 gpt Au and 50 gpt Ag across 3.1 metres in hole PRC19-1. Our interpretation is the high-grade zone extends to the north of these intercepts beneath a historic surface sample that is reported at 5 ft. containing 1.15 ounces per ton Au. Drill core will be delivered to ALS Minerals sample preparation facility in Tucson, Arizona for sawing and sample preparation. Then splits of samples will be sent by the ALS Minerals prep facility to the ALS Minerals analytical laboratory in Vancouver under strict chain of custody for ICP multi-element analyses, including silver, and AA analyses and fire assay for gold.
About the Philadelphia Project
The permitted and bonded drilling plan covers up to 24 exploration holes following up the gold-silver mineralization identified in the previous drilling on Philadelphia in holes 1 to 6 holes: see news release and drill hole summary table below.
http://arizonasilverexploration.com/home-page/drilling-continues-to-intersect-gold-silver-beryllium-at-philadelphia-project-in-mohave-county-arizona/
A geologic section for the six holes PRC19-1 through PRC19-6 has been posted to the website along with a long section of the proposed drilling along the vein target on the webpage. An assay http://arizonasilverexploration.com/philadelphia-property/ section is also posted to the web site.
Greg Hahn, VP Exploration, and a Certified Professional Geologist (#7122) is the Qualified Person under NI43-101 responsible for preparing and reviewing the data contained in this press release.
Please refer to our web site for additional and complete news updated on Philadelphia property information. www.arizonasilverexploration.com
Watch for updates on our website with images while drilling on Philadelphia
On behalf of the Board of Directors:
ARIZONA SILVER EXPLORATION INC.
Mike Stark, President and CEO
Phone: (604) 833-4278
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements in relation to the timing, cost and other aspects of the 2019 exploration program; objectives or expectations of the Company. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
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willlbone
4 years ago
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